Q: Where does ZPAY.U fall in the selection of Canadian ETF’s?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Purpose US Cash ETF ETF Unit (PSUU)
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BMO US Preferred Share Index ETF (ZUP.U)
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BMO Premium Yield ETF (ZPAY.U)
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US High Interest Savings Account Fund (HISU.U)
Q: Good morning, you mentioned these securities in a reply to a question by James on May 13. Could you please add some comments around taxation of the returns, especially if in either TFSA or non-reg account. Thank you
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Purpose US Cash Fund (PSU.U)
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BMO US Preferred Share Index ETF (ZUP.U)
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BMO Premium Yield ETF (ZPAY.U)
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BMO Monthly Income ETF (ZMI.U)
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BMO Covered Call Canadian Banks ETF (ZWB.U)
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US High Interest Savings Account Fund (HISU.U)
Q: I am looking for US dollar income in a non registered account. What is your view on zpay.u for this purpose. Are there any other etfs you would recommend as an option?